The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-03-10

that the new combination would rep
resent the New York Central. Enc,
Pennsylvapia Central and the Read
ing and Jersey Ce trail roads, and that
these would command all the business
coming into New York. In connec-
ton with the Richmond Ter
minal and the East Tennessee,
Virginia and Georgia roade, the new
system would have control Of nearly
all The ssa coast lines from New York
TO Florida. In connection, too, with
the Indianapolis, B o nj gtou and
Western road and q subsequent ab-
sorption by that road of the OHIO
Southern Tor the making Of anicsble
arrangements with that line) the CON.
bidation would control all the,bitumin-
Gus c al territory except that covered
by the b. ffalo, Rochester and Pits
burg. IL 10 understood that negotia'
tons OF some kind srs on foot for the
control OF the latter IoAd also. 1t is
supposed that capitalists interested in
the Adams Express Company are
among the hackers OF the Sully party,
with a view to acquiring control of
the Baltimore aud Ohio express bust.
ness, as they have acquired that OF
the Reading. As to the Baltimore and
Onio Telegraph Line, the syndicate
will be III a position TO make terms
with the Western Union Company,
If 4 ey find this to their interest.
ME- GARRETT REFUSES TO TAX.
BALTIMORE, ND, March 9-Mr.
Robert Garrett, Pr sident OF the BAlii.
more and Ohio Railroad Company,
was seen today, but had nothing 10
say in regard TO the reported GRANGE
ment for transfer Of control of the
Baltimore and Ohio. The New York
Times, containing a statement which
appears 10 be authentic, has created a
sensation here. The city, ss a corpor-
alton, is largely interested in the Bal
timore and Ono, aud there are private
interests which are opposed t. the
control OF the road going out OF Bilti-
more hands. The Baltimore and Ohio
road has been looked upon as Balti-
more enterprise, and while Mr. Gar
Tett hiss preserved reticence as to
everything that has been rumored,
there are many who fear that there is
truth in the statement pub ished In
the Times. There Is conviction here
that il tbs road shall pass into other
hards, tbs express and telegraph
systems will 90 with II. The matter
is discussed on the exchanges and the
strest corners, and while some ap-
prove, many condemn the action.
INDIGNANT STOCKHOLDERS.
Mr.. Garrett has been sesn since
/ o'clock today and the statement in
the New York Times WAS read to him.
He still persisted he has nothing to
say alb jut the rumorsd deal. 1t is
stated, however, by one to whom Mr..
Garrett talked, that he used the ex.
pressi On, 1--WE Gre in New York" The
excitement increases here because of
the refusal of Mr.. Garrett to make any
communication in regard to the mat
ter. The most careful inquiry cannot
discover that the city authorities have
been consulted, though the city owns
more than one fifth OF the entire stock
nf the Baltimore and Ohio railroad.
The city, with the Johns Hopkins
University and the G ,rrett family,
own a majority OF the stock. In tele-
graph circles there appears as much
Ignorance OF what has been done as
elsewhere. The people here generally
have settled down to the conclusion
that deal has been effected and that
BilimOre will become only way
station in the great railroad system.